invested in an overseas joint venture. Capitalization period for capitalized interest on investment in buildings, plants, and machinery ceases when the asset is ready for use (interest expense incurred

impairment assets in 51% held on joint venture company regarding to Thai Generally Accepted Accounting Principles (Thai GAAP). Company represented net profit for year 2018 of THB 323 mil., minus 3.7% against

0.89 million from last year. (2018 : amounting of Baht 10.38 million). 5) Company record profit sharing in joint-venture by equity method of Baht 3.18 million increased from last year by Baht 2.07

expenses increase from 1) Loss on exchange rate 4.18 million baht due to investment in foreign fund, that unrealized loss from exchange rate and 2) loss on disposal of investment in joint venture 5.22

diversifying into other business sector such as expanding to recurring income business. Furthermore, the Company is considering and evaluating a plan for joint venture with local and oversea entities to ensure

administration expenses amounting to Baht 45.76 million, increased by Baht 1.56 million or 3.54% from last year. (2018 : amounting of Baht 44.19 million). 6) Company record profit sharing in joint-venture by

. - Dividend from joint venture in 2019 amounted 402.89 million baht increased by 279.22 million baht or 225.78% compared to 123.67 million baht in 2018 - Cost of sales in 2019 amounted 870.45 million baht or

Joint Venture Agreement in accordance with the investment in high-end lifestyle resort on Island 3 of Project CROSSROADS (the “Project”) with our strategic partner – Wai Eco World Developer – a

with 35.64THB/USD of H1 2016. Page 2 of 2 Other incomes of H1 2017 included the sales of a joint venture investment in Maesod Clean Energy Co., Ltd. of 59.06MB, while other incomes of H1 2016 included

expenses to prepare for the Company’s upcoming Page 5 as well as loss recognition of Baht 1 million from Monde Malee Beverage Corporation (MMBC), the Company’s joint venture in the Philippines. leaping